Electric Last Mile shares plummet to $1 after company confirms SEC probe

The ELMS Urban Delivery, anticipated to start later on this calendar year, is expected to be the 1st Course 1 business electric car accessible in the U.S. sector and will…

U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry

Honda Motor Co. motor vehicles at an AutoNation car or truck dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to release earnings figures on…

Shares of SPAC for EV firm Lucid plummet another 20% Wednesday

Exterior of the Lucid Air sedan, which debuted Sept. 9, 2020 as the firm’s to start with manufacturing motor vehicle. Lucid Shares of Churchill Cash IV plummeted for a next…